Silver & Gold Premiums | What Does A Coin Dealer Collect? | Tim Has An Existential Crisis

Silver & Gold Premiums | What Does A Coin Dealer Collect? | Tim Has An Existential Crisis #Trending
Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
Give Vermillion Enterprises a call at:
[phone]
Visit our Spring Hill coin shop, located at:
5324 Spring Hill Drive
Spring Hill, Florida 34606
Monday - Friday: 9AM - 4PM EST
Saturday: 9AM - 2PM EST
Sunday: Closed
To learn more about Vermillion Enterprises visit our website at:
vermillion-enterprises.com/
Shop our new online coin shop at:
springhillcoinshop.com/
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[@vermillionenterprises]

What say you?

[@Johnsmith46392]

So if Brian doesn’t collect what does his bullion allocation consist of? Maybe a good future episode.

[@scotttousey227]

Good morning i was happy to see you yesterday I got home and happen to watch silver seeker and I mentioned being at your shop in the comment section yesterday and also mentioned the video you did with him I replied vermillion enterprise In spring hill fla I was pretty satisfied with the price I received thanks thumbs up to this video

[@rolandocastaneda4429]

How much are Maples per oz?

[@davidk7324]

Good stuff, gentlemen. Highlighting the things you see in the shop is always welcome. Human nature is fascinating.

[@JoeStacks419]

Simplicity and liquidity are paramount. Stack with the end game in mind.

[@vermillionenterprises]

#facts

[@Roaringchicken582]

Think I'll just bury my bullion in a chest, make a treasure map , stick the map in a bottle, and toss it in the ocean.

[@vermillionenterprises]

i like it....gotta have a plan

[@samsmobilepressurewashing8422]

Which ocean 🧐

[@rufferto5429]

If you sell your collection or bullion or junk you have to pay capital gains tax on the amount you receive over your cost, which might be a lot if you've been stacking for years. It's better to leave it to your kids (or whoever) or incrementally give it to them. Then if they sell it right away there is no tax liability as the value at the time they receive it becomes the new basis for determining if any capital gains tax is due. .

[@vermillionenterprises]

yes, but life doesnt always work out that way

[@BillGuyHawaii]

Always love the business insights. Thank you Tim for processing my Mercury Dime order, arrived today. Four day's to Hawaii. Excellent

[@TimeOrDistance]

In the end it all goes back in the bin hmm very insightful

[@vermillionenterprises]

yep

[@bigdogs-29]

Damnnnn.
More and more insight into the workings of a coin shop.
Makes one appreciate ALL that you guys do.
And the TRUST that you’ve instilled for people to LEAVE a LIFELONG collection, for you guys to inventory and payout honestly.

[@vermillionenterprises]

Thank you for watching.

[@StrongStacker1]

Yup, people are dumping physical Silver massively around the United States. Sad but true

[@Two-brothers-stacking]

Its great you trade in cards also. Thumbs up and great advice.

[@vermillionenterprises]

Thank you for watching.

[@daveg1312]

Solid guidance as always! 👍

[@vermillionenterprises]

Thank you for watching.

[@72cmcinc]

Great content! Make it simple and have a plan!

[@a_lol_cat]

Aviation shears for when you wanna cut though 500 flips with 90% junk in them.

[@vermillionenterprises]

Tim here: noted.

[@levteck]

Great video as usual. I spread the word about you guys to a friend last night. Gold on the way down today with hotter than expected CPI data for Jan 2024. cheers.

[@vermillionenterprises]

Thank you for watching.

[@l_T96]

Is there no tax on gold or silver eagles no matter the value in FL? Iv been charged tax on gold 1/10 gold eagles at other shops in tampa before ..

[@vermillionenterprises]

no sales tax on gold eagles at any level...US Coins are exempt from sales tax in the state of Florida

[@rufferto5429]

It's much easier for a non-collector to see the value of a coin than the value of a piece of cardboard.

[@unknown1_420]

Mornin Brian and Tim

[@vermillionenterprises]

Mornin'

[@coloreye7963]

What the best find you guys have come across with the drop off collections?

[@Johnsmith46392]

Happy Thoughts Tuesday 😅

[@vermillionenterprises]

Happy thoughts indeed.

[@bill4572]

Here is what I am going to write in my will if you don't simplify my collection before selling it than Bury it with me 😂

[@vermillionenterprises]

LOL..nice

[@davidk7324]

It sure worked for the Egyptians . . . for a while.

[@tysonsgranite7978]

Do you buy or sell pre33 double eagle coins - ungraded? How much is the buy and sell price for these coins ?

[@tysonsgranite7978]

Gold eagle

[@mazdafiero112]

Kinda pissed those kids couldn't hold on to it for its purpose. Probably bought a bunch of garbage with it.

[@rudyalonso4089]

hey come on/what in Johnny Cash's name happened to that BAD ASS WESTERN INTRO/i humbly ask ???? PUT IT BACK!!!! my Cuban Coffee in the morning just isn't the same WITHOUT IT!!!! GOD DOGGIT/THE GREAT TAKING HAS ALREADY STARTED @ VERMILLION ENTERPRISES!!!!